1540 Meadow Lark Lane, Tracy, CA 95376, Tracy, 95376 - 4 bed, 3 bath
1540 Meadow Lark Lane
Tracy, CA 95376
Property Price
SUMMARY
Analysis of 1540 Meadow Lark Lane, Tracy, CA 95376 reveals a Prime Investment Opportunity with a current list price of $789,000—significantly undercutting the $836,095 Fair Market Value by 5%. This valuation gap indicates a +$47,095 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Tracy Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1540 Meadow Lark Lane Subject | $789,000* List Price | 4 | 3 | 2,500 | $334 | - |
A 1005 Wood Thrush Ln Sold | $749,000 | 5 | 3 | 2,598 | $288 | 0.2 mi |
B 265 Quail Meadows Lane Sold | $700,000 | 4 | 3 | 2,135 | $328 | 0.9 mi |
C 630 Tennis Ln Sold | $662,000 | 4 | 3 | 2,039 | $325 | 0.7 mi |
D 1420 Harvest Lane Sold | $680,000 | 3 | 3 | 1,902 | $358 | 0.6 mi |
E 1575 Bondy Lane Sold | $600,000 | 4 | 3 | 1,957 | $307 | 0.3 mi |
F 1451 Harvest Lane Sold | $649,000 | 4 | 2 | 2,025 | $320 | 0.5 mi |
G 875 Westleigh Ct. Pending | $719,999 List Price | 4 | 3 | 1,898 | $379 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1989, the property has undergone extensive recent renovations that meet current quality standards. Key upgrades include a new roof, new HVAC, and new dual-pane windows. The kitchen and all bathrooms have been fully remodeled with modern features such as quartz countertops, porcelain tile, frameless glass showers, and stainless steel appliances. With new flooring, lighting, and fresh paint throughout, the home shows no deferred maintenance and is in like-new condition.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Upgrades
The property features significant high-ticket improvements including a new roof, new HVAC system, and new vinyl dual-pane windows, providing immediate value and long-term maintenance savings.
- Premium Outdoor Living
The large pie-shaped lot is an entertainer's dream, boasting a Gunite pool with a rock waterfall, a covered patio, and a versatile yard with vegetable beds and fruit trees.
- Highly Functional Layout
With a remodeled kitchen, updated bathrooms, and a desirable downstairs bedroom, the 2,500 sq. ft. floor plan is perfectly suited for multi-generational living and modern convenience.
CONSRISKS & DEFICIENCIES
- Average School Ratings
While the property is conveniently located near schools, the assigned public schools have average ratings (4-5 out of 10), which may be a consideration for education-focused buyers.
- 1980s Era Design Elements
Despite the extensive remodeling, some original 1989 features like the brick fireplace and specific room proportions may still reflect the home's original era compared to contemporary new builds.
About 1540 Meadow Lark Lane
Magnificent home on a large lot (8,452 sf) with a pool & 3-car! Many upgrades include new roof, new vinyl dual-pane windows, new HVAC, 1 bedroom downstairs, newer carpet, remodeled baths, new 2 inch blinds, lighted ceiling fans in 3 bedrooms, new toilets, new lighting at entry & dining room, remodeled kitchen features quart counters & full backsplash, stainless appliances, gas stove & electric oven, SS fridge stays, island with sink, breakfast bar & pendant light, pantry closet & tile floor, family room has brick fireplace with gas starter, ceiling fan & newer laminate flooring, primary bedroom includes a sitting area, corner marble fireplace & freshly painted, newer remodeled primary bath has white quartz counters, 2 sinks, stall shower with 12 x 24 porcelain tile & frameless glass, free-standing tub, new tile floor & 2 walk-in closets with mirrored doors, updated hall bath has newer vanity, 2 sinks, shower over tub with 12 x 24 vertical tile surround to ceiling, new light & 6 x 24 tile flooring, laundry room has cabinetry, W&D stay & tile floor, finished 3-car garage with opener, workbench & attic storage, large pie-shaped backyard features a Gunite pool with rock waterfall, colored salt-finish decking, covered patio with exposed aggregate & lighting, dog run on east sideyard, oversized west sideyard has 6 vegetable beds with drip, several fruit trees and 10 x 12 shed. Come take a look at this dynamite home!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 8,451 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Tracy Unified Schools
Louis J. Villalovoz Elementary School
Grades K-5 • 0.4 mi
Earle E. Williams Middle School
Grades 6-8 • 0.5 mi
Merrill F. West High School
Grades 9-12 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,500 | 1,650 | 90% |
| Lot Size | 8,451 | 5,894 | 94% |
| Price | $789.0K | $595.0K | 95% |
| Price per sq ft | $316 | $364 | 24% |
| Built year | 1989 | 1989 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 183 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$789,000
Initial Listing